CENTRAL NATL. BANK v. UNITED STATES

No. 90.

137 U.S. 355 (1890)

CENTRAL NATIONAL BANK v. UNITED STATES.

Supreme Court of United States.

Decided December 8, 1890.


Attorney(s) appearing for the Case

Mr. M.W. Divine and Mr. M.P. Whitehead for plaintiff in error.

Mr. Assistant Attorney General Parker for defendants in error.


MR. JUSTICE HARLAN, after stating the case, as above reported, delivered the opinion of the court.

The act of Congress was correctly interpreted by the Circuit Court. That the amounts paid by the bank to the State in the years 1866, 1867, 1868 and 1870 came from dividends declared by it to be due and payable to stockholders, as part of its earnings, income or gains, is entirely clear. Because they were from dividends, so...

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